Accaunting and financial statements

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cost accounting
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Working out the unit costs of products, including materials, labour and all other expenses
tax accounting
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Calculating an individual’s or a company’s liability for tax
Bookkeeping
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Writing down the details of transactions (debits and credits)
managerial accounting
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Preparing budgets and other financial reports necessary for management
auditing
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Inspection and evaluation of accounts by a second set of accountants
creative accounting’ (profit smoothing, window dressing, cooking the books)
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Using all available procedures and tricks to disguise the true financial position of a company
ekspert podatkowy
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Enrolled Agent – certified (by the IRS) expert in taxation
IRS
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Inland Revenue Service=US tax office
prowadzić dokumentację, która dokładnie odzwierciedla życie finansowe
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To keep records that accurately reflect one’s financial life
Złożyć zeznanie podatkowe
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To file a tax return
Księgowość to prowadzenie rzetelnych rachunków.
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Bookkeeping is keeping good accounts
Księgowość to sposób na śledzenie przychodów i wydatków
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Bookkeeping is a way of keeping track of the income and expenses

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